On December 21, NAR as part of a coaltion of appraisal organizations sent a letter to the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (FDIC). The letter requests a public hearing, no fewer than 30 days after February 5, 2019, the final date for written comments in the pending rulemaking process. We believe that the history surrounding the question of the residential appraisal threshold compels a public hearing to be held for the benefit of both regulators and impacted stakeholders.
Coalition Letter to OCC, Board of Governors, and FDIC Regarding Request for Public Hearing on Residential Threshold
Issue Date: December 21, 2018
On December 21, NAR as part of a coaltion of appraisal organizations sent a letter to the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (FDIC). The letter requests a public hearing, no fewer than 30 days after February 5, 2019, the final date for written comments in the pending rulemaking process. We believe that the history surrounding the question of the residential appraisal threshold compels a public hearing to be held for the benefit of both regulators and impacted stakeholders.
Download the Letter